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Nalezeno "bukele": 287

El Salvador Passes Law to Offer Citizenship to Foreign Bitcoin Investors

22.12.2023
Source: Pixabay / 12019 El Salvador‘s Congress has passed a new law enabling foreign citizens to obtain citizenship by investing in Bitcoin, according to Reuters. On Dec. 21, the Salvadoran unicameral legislature, dominated by President Nayib Bukele‘s New Ideas party, voted in favor...

Salvadoran Bitcoin Volcano Bonds Target Q1 2024 Launch After Getting Regulatory Approval

14.12.2023
Discussion on the Volcano Bonds, a series of digital debt instruments that would be used to finance the creation of Bitcoin City, has resurfaced after their regulatory approval in El Salvador. The Bitcoin Office in the country revealed that it anticipated a launch date of Q1 2024 for these bonds....

Latam Insights: El Salvador’s Bitcoin Portfolio Goes Black, Brazil Brings Digital Currency Talk to G20

11.12.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The portfolio of bitcoin investments of the Salvadoran government went into black numbers, Brazil will discuss using digital currencies for financial...

El Salvador’s Bitcoin Strategy Pays Off with $3.6 Million Profit – Will President Nayib Bukele Sell BTC Holdings?

4.12.2023
El Salvador Flag With BTC Tokens / Source: Adobe The Bitcoin (BTC) price, which briefly surpassed $42,000 on Monday for the first time since April 2022, has risen back above El Salvador’s average purchase price, putting the emerging Central American nation’s crypto bet back in the green....

El Salvador Triumphs in Bitcoin Bet — President Nayib Bukele Announces $3.6 Million Profit

4.12.2023
El Salvador’s head of state, Nayib Bukele, recently announced that the nation’s bitcoin investment has turned profitable, rebounding from a prolonged period of losses experienced during the majority of last year’s crypto winter. Bukele revealed that the value of...

El Salvador's Bitcoin Investment 'In the Black,' Says President Bukele

4.12.2023
"We have no intention of selling," Bukele added

Max Keiser Walks Back Bid to Get Bukele and Argentina’s Milei to Talk BTC

28.11.2023
Source: Oleksii/Adobe The bitcoiner Max Keiser has apparently retracted his bid to get El Salvador President Nayib Bukele and Argentina’s President-elect Javier Milei to talk BTC. Keiser last week took to X (formerly Twitter) to publicly ask Bukele for permission for the El Salvador Bitcoin “team”...

Bitcoin as Legal Tender: El Salvador’s Risky Financial Maneuver Struggles to Pay Off

24.11.2023
El Salvador Bitcoin. Source: RawBeautyPixels/Adobe More than two years after implementing Bitcoin (BTC) as legal tender, El Salvador’s big crypto bet is still struggling to bear fruit. That includes the government’s own BTC investments, which still appear to be underwater due to...

El Salvador Remains in the Red on Bitcoin Holdings, But Losses Are Narrowing

15.11.2023
It's been a bit more than two years since the country made bitcoin legal tender there

Athena Bitcoin to Integrate Lightning Network for Bitcoin ATMs in El Salvador

8.11.2023
Source: Pixabay / Michael Wuensch Athena Bitcoin has announced plans to integrate the Lightning Network into its crypto ATM fleet in El Salvador with wider expansion targeted at the entire Latin American region. In a Nov 7 press release, the company revealed it has enabled the technology...

Latam Insights: USDT Takes Over Brazil, Bukele’s Administration Accused of Embezzlement

6.11.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: USDT dominates the Brazilian crypto market, Bukele’s administration is accused of deviating funds for Bitcoin projects, and Venezuelan exchanges...

OCCRP Investigation Alleges Bukele Embezzled $200 Million for Bitcoin Projects in El Salvador

2.11.2023
An investigation led by the Organized Crime and Corruption Reporting Project (OCCRP) alleges that Nayib Bukele, President of El Salvador, deviated hundreds of millions of dollars granted by the Central American Bank for Economic Integration (CABEI) to develop the project of making bitcoin legal...

Investigation Reveals El Salvador Misused One-Third of $600 Million COVID Relief for Bitcoin

1.11.2023
The COVID-19 pandemic plunged El Salvador into economic turmoil in 2020, causing GDP to plummet nearly 8% and leaving many struggling to survive the strict lockdown measures. So when the Central American Bank for Economic Integration (BCIE) approved a $600 million loan in 2021 to provide relief...

El Salvador’s Pro-Bitcoin President Registers for Re-election in 2024

30.10.2023
El Salvador’s President, Nayib Bukele has formally filed for re-election in next year’s polls, a move critics say is against the country’s constitution. Bukele and his running mate Vice President Ulloa officially registered as his party’s candidate before the deadline...

Bitcoin Price Prediction: Joyous Elon Musk Tweet Fuels Crypto Enthusiasm

30.10.2023
In the world of cryptocurrency, excitement continues to ripple through the market as Bitcoin holds steady at $34,274, registering a 0.75% increase on this Monday. Beyond the price action, the crypto community finds itself ignited by the joyful tweet from none other than Elon Musk. While...

El Salvador pro-Bitcoin president Nayib Bukele launches re-election bid

30.10.2023
Despite Bukele’s popularity, some critics argue he isn’t eligible to be re-elected under El Salvador’s constitution

El Salvador Town Tires of Waiting for Bukele, Will Build ‘Real Bitcoin City’

25.10.2023
An El Salvador town has grown tired of waiting for President Nayib Bukele to build Bitcoin City – and will instead build its own “Bitcoin City” project “a few kilometers away.” Residents of Berlin, a town in the Usulután Department, say they want to build the “real Bitcoin City,” instead...